Yes, there is credit market apprehension right now. But here’s why stocks will still rally into year-end, says this bull.

Last Updated: Oct. 17, 2025 at 7:53 a.m. ET
First Published: Oct. 17, 2025 at 6:38 a.m. ET

Will it come to be known as the Cockroach Crash!? Jamie Dimon’s comment this week that “when you see one cockroach, there are probably more,” is a well-worn market aphorism, yet it seems to have heralded a burst of angst about the financial system’s credit exposure.

The JPMorgan JPM boss was alluding to the recent bankruptcies of auto-parts supplier First Brands and subprime auto lender Tricolor, and appeared to be warning that the kind of riskier lending that caught out their banks might be more of a problem than the market thought.